Covid-19 fears once again deprive the stock market of 900 points

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Her Alexandra Tombra

The Athens Stock Exchange lands at levels below 900 points, which is still in the grip of concerns about the course of covid-19 in the country, but also throughout Europe, which is the “reservoir” of its tourists. .

In particular, the General Index records losses of 1.54% at 897.36 points, while the turnover is at 7.5 million euros and the volume at 4.1 million units. The FTSE 25 also fell 1.46% to 2,149.29 points, while the banking index lost 2.86% to 590.23 points.

Following the extremely negative climate of the European markets, the ATHEX also loses the levels of 900 points, for the first time in November. Thus, the month proceeds with the worst possible scenario, against the expectations that the closing of the 12 months by the foreign portfolios would feed the upward scenario.

Meanwhile, the focus remains today on the share of Attica Bank after yesterday’s excesses in its fluctuation, with today’s picture being at -25% and 1.33 euros. Of course, its turnover does not exceed 5 thousand euros, but the new adjusted price applied since yesterday has caused shelling turmoil in the stock.

How likely is the new lockdown?

What remains as the big question in the market is whether a total or even a partial lockdown is imminent, which will affect economic activity again, especially at a time when retail expects to secure most of its annual revenue. And according to information from Capital.gr, the government is monitoring the “black” records, with the piping and deaths moving to the highest level of 2021, planning the next step.

The measures implemented since yesterday and related to the extension of the bans for the unvaccinated have a time horizon beyond the festive period of Christmas and New Year. Their evaluation will be carried out next week by Megaro Maximou and the committee of infectious diseases and, until then, the scenarios that come to light and are related to the possibility of further tightening are many.

On the dashboard

On the board now, Eurobank, Terna Energy, Viochalko and Ethniki record losses of more than 2%, while GEK Terna, Alpha Bank, EYDAP, IPTO, ELHA, Piraeus, Coca Cola, HELEX, Jbo move above -1% and OPAP.

Ellactor, Lambda, Hellenic Petroleum, PPA, Mytilineos, Motor Oil, Aegean, OTE and Sarantis are moving slightly downwards.

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